Property Insurance - Are you covered?
When disaster strikes, the destruction of the physical & financial aspects of your business can be costly. But imagine if you were not insured.
The need for insurance on the physical & financial assets of your business goes without saying and it is very important to make sure you have all the potential risks covered. It is equally important to get the right advice from someone who knows your business and knows insurance.
Insurance products in Australia have developed over the years to meet the needs of businesses and, at Insurance Solutions, we specialize in assisting SME businesses with their insurance programs.
Proprietors of SME's need to consider the financial impact on their business should:
- physical assets be lost or damaged (eg: buildings, machinery & other equipment, stock, etc).
- the cash-flow of the business be reduced (or ceases totally) should a critical machine be damaged and is unable to produce stock to fill orders.
- a defective product causes injury to a third party or damages property.
- a debtor becomes insolvent and is unable to pay a large debt.
- a director or officer of your business is personally sued by an aggrieved employee or customer/supplier.
- loss or damage to stock in transit within Australia or overseas.
The above contingencies are but a few of the types of events that can have an impact on your business and you need to ensure you have the right insurance cover to protect your business.
We can assist you in sourcing and selecting the right insurance cover for the right price for your business. Give us a call today to discuss the insurance requirements of your business.